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Presented by![]() Vogel Team |
The Lofts at Sherwood Falls is a tastefully renovated paper factory showcasing 11 foot ceilings, exposed brick, ceilings and wood beams original to factory. Sun pours into this south facing unit through oversized windows on the third floor. Dog and cat friendly with walking path and Paper Goods Pond/Park next door. Outdoors has patio, tables and gas grills for outdoor entertaining overlooking waterfall and stream. Amenities include gym, clubhouse and building has elevator. 2 assigned parking spots. Unit is open and bright, primary bedroom with full bath. Laundry room and ample storage in unit. HVAC unit replaced 4 years ago and water heater 6 years old. Kitchen was remodeled and has granite counter, white upper cabinets. Owner never completed the backsplash so easy upgrade for new owner. Appliances are As-Is. The Lofts are located close to downtown. Easy access to Amtrak Train Station or Busses. Many restaurants, coffee shops and things to do close by.
Type | Description | Dimensions | Level |
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Bedroom 1 | 9 ft+ Ceilings,Beams,Hardwood Floor | 8.0 x 11.0 | Main |
Dining Room | 9 ft+ Ceilings,Beams,Hardwood Floor | 11.0 x 11.0 | Main |
Kitchen | 9 ft+ Ceilings,Beams,Granite Counters,Hardwood Floor | 8.0 x 9.0 | Main |
Living Room | 9 ft+ Ceilings,Beams,Hardwood Floor | 11.0 x 12.0 | Main |
Primary Bedroom | 9 ft+ Ceilings,Beams,Full Bath,Tile Floor | 12.0 x 18.0 | Main |
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
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Loan Amount | $240,000 | $240,000 | $240,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.250% | 6.875% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.949% | 7.017% | 6.034% |
Monthly Tax Payment | $430 | $430 | $430 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,478 | $1,577 | $1,993 |
Total Monthly Payment | $1,983 | $2,082 | $2,498 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.